Blackstone Inc. (BX) – What Are Brokerages Thinking About This Stock?

Shares of Blackstone Inc. (NYSE:BX) have earned a consensus recommendation of “Moderate Buy” from the twenty-five research firms that are currently covering the stock, MarketBeat.com reports. Twelve analysts have rated the stock with a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $144.57.

BX has been the topic of several research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Blackstone in a report on Thursday, October 22nd. HSBC reiterated a “hold” rating and set a $135.00 price objective on shares of Blackstone in a research report on Monday, July 20th. Argus raised their price objective on Blackstone from $146.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Piper Sandler set a $126.00 target price on Blackstone in a report on Friday, October 23rd. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $130.00 target price on shares of Blackstone in a research report on Wednesday, October 21st.

Insider Activity at Blackstone

In other Blackstone news, major shareholder Holdings I. L.P. Blackstone sold 124,600 shares of the firm’s stock in a transaction dated Friday, September 25th. The shares were sold at an average price of $16.40, for a total value of $2,043,440.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Bx Buzz Ml-1 Gp Llc sold 3,767,776 shares of Blackstone stock in a transaction that occurred on Monday, September 28th. The stock was sold at an average price of $2.94, for a total transaction of $11,077,261.44. Following the completion of the transaction, the insider directly owned 16,120 shares in the company, valued at approximately $47,392.80. This trade represents a 99.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders bought 464,792 shares of company stock valued at $12,205,945 and sold 4,047,276 shares valued at $33,507,144. Corporate insiders own 1.00% of the company’s stock.

Institutional Trading of Blackstone

Large investors have recently added to or reduced their stakes in the company. Jupiter Topco LLC bought a new stake in Blackstone during the 2nd quarter worth about $221,478,000. Manning & Napier Advisors LLC bought a new position in shares of Blackstone in the 2nd quarter valued at about $8,667,000. Sequoia Financial Advisors LLC boosted its stake in shares of Blackstone by 5.1% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 245,370 shares of the asset manager’s stock valued at $28,873,000 after purchasing an additional 11,983 shares during the last quarter. Wedmont Private Capital grew its position in shares of Blackstone by 82.5% during the 3rd quarter. Wedmont Private Capital now owns 23,206 shares of the asset manager’s stock worth $2,615,000 after buying an additional 10,489 shares during the period. Finally, Matrix Private Capital Group LLC bought a new stake in shares of Blackstone during the first quarter worth approximately $1,340,000. 70.00% of the stock is owned by institutional investors and hedge funds.

Blackstone Trading Up 1.3%

Shares of Blackstone stock opened at $119.99 on Tuesday. The business has a fifty day simple moving average of $122.19 and a 200-day simple moving average of $124.29. Blackstone has a fifty-two week low of $101.73 and a fifty-two week high of $165.14. The firm has a market cap of $90.07 billion, a price-to-earnings ratio of 19.67, a price-to-earnings-growth ratio of 1.49 and a beta of 1.59. The company has a quick ratio of 0.72, a current ratio of 0.71 and a debt-to-equity ratio of 0.68.

Blackstone (NYSE:BX) last released its earnings results on Thursday, October 22nd. The asset manager reported $1.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.26 by $0.06. Blackstone had a return on equity of 23.16% and a net margin of 22.11%. The firm had revenue of $3.06 billion for the quarter, compared to analyst estimates of $3.27 billion. During the same period in the previous year, the company earned $0.80 earnings per share. Blackstone’s revenue was down .8% compared to the same quarter last year. On average, equities analysts forecast that Blackstone will post 5.89 EPS for the current fiscal year.

Blackstone Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Monday, November 2nd will be paid a $1.12 dividend. The ex-dividend date of this dividend is Monday, November 2nd. This represents a $4.48 dividend on an annualized basis and a yield of 3.7%. This is a decrease from Blackstone’s previous quarterly dividend of $1.29. Blackstone’s dividend payout ratio (DPR) is 114.67%.

Key Stories Impacting Blackstone

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Blackstone-led funds and Canadian institutional investors agreed to invest $3.1 billion for a 49.9% non-controlling interest in Mitsubishi’s stake in LNG Canada. The transaction expands BX’s exposure to energy infrastructure and long-term natural-gas demand while demonstrating its ability to deploy capital at scale. Blackstone and Leading Canadian Institutional Investors Announce $3.1B Investment in Mitsubishi Corporation’s Interest in LNG Canada
• Positive Sentiment: Blackstone Life Sciences announced a $455 million collaboration with Boston Scientific to co-fund development of the VITALYST temporary heart-pump system. The deal supports BX’s strategy of investing in potentially high-growth healthcare assets and could generate future returns if the device is successfully developed and commercialized. Blackstone Life Sciences Announces $455 Million Collaboration
• Positive Sentiment: President Jon Gray said AI infrastructure will require substantially more equity financing as companies build out computing capacity. That trend could benefit Blackstone by creating additional fundraising, private-credit and infrastructure-investment opportunities. Blackstone president says more tech sector fundraising ahead
• Neutral Sentiment: Blackstone completed a $1.1 billion senior-notes offering, consisting of $600 million due in 2031 and $500 million due in 2033. The financing provides liquidity for corporate purposes but adds fixed interest obligations; the notes carry coupons of 5.650% and 5.900%, respectively. Blackstone Completes Senior Notes Offering
• Negative Sentiment: Gray and PIMCO CEO Emmanuel Roman warned that AI infrastructure spending—estimated at roughly $10 trillion over five years—could create concentration and market-capacity risks for debt investors. If financing becomes overly leveraged or markets are strained, investment valuations and returns across Blackstone’s technology and credit portfolios could face pressure. Blackstone president calls for more equity to fund AI buildout as debt risks mount

Blackstone Company Profile

Blackstone Inc (NYSE:BX) is a global alternative asset management firm that provides investment and advisory services to institutional investors, companies, and qualified individual investors. The company manages capital across private equity, real estate, credit and insurance, infrastructure, hedge fund solutions, secondaries, and growth-oriented investments.

Blackstone invests in and manages portfolios of businesses, properties, infrastructure assets, and credit instruments across a range of industries.